Insurance you need in your 30s – #MoneyGrower

By the time you reach your 30s, you should be learning how to (responsibly) handle your money. And that means investing in the right insurance. Without it, something as small as a trip to the dentist can land you in the red.

Generally in your 30s, it's smart to be covered across five categories: health insurance, disability insurance, life insurance (in specific circumstances), renter's insurance (if you're renting), and umbrella insurance, according to Pamela Capalad, CFP and founder of Brunch and Budget.

But keep in mind that insurance policies are largely personal. Everyone's situation and needs are different, and as your life changes (say, you get a new job or have a baby) so should your coverage.

One of the best things you can do to get the best coverage for your needs is to educate yourself: Get multiple quotes, read your policy closely before signing on, and don't hesitate to ask questions when you don't understand.